Nepal: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2025

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Nepal

The Nepalese knitted shawl and scarf market reduced slightly to $X in 2022, leveling off at the previous year. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.6% against 2019 indices. Knitted shawl and scarf consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Nepal

In value terms, knitted shawl and scarf production dropped to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.6% against 2019 indices. The growth pace was the most rapid in 2013 when the production volume increased by 148% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports from Nepal

After two years of growth, shipments abroad of shawls, scarves and the like of knitted or crocheted textiles decreased by -59.6% to X units in 2022. Overall, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by 1,258%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, knitted shawl and scarf exports reduced markedly to $X in 2022. In general, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of 1,217%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), the United States (X units) and Finland (X units) were the main destinations of knitted shawl and scarf exports from Nepal, with a combined 43% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +62.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for knitted shawl and scarf exported from Nepal were Germany ($X), the Netherlands ($X) and the United States ($X), together accounting for 63% of total exports.

The Netherlands, with a CAGR of +90.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average knitted shawl and scarf export price stood at $X per unit in 2022, picking up by 93% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports into Nepal

In 2022, supplies from abroad of shawls, scarves and the like of knitted or crocheted textiles was finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of 199%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, knitted shawl and scarf imports expanded notably to $X in 2022. In general, imports, however, faced a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 122%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of knitted shawl and scarf to Nepal, with a 55% share of total imports. Moreover, knitted shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), threefold. Germany (X units) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+134.6% per year) and Germany (+130.7% per year).

In value terms, the United Arab Emirates ($X), China ($X) and Germany ($X) appeared to be the largest knitted shawl and scarf suppliers to Nepal, with a combined 90% share of total imports.

The United Arab Emirates, with a CAGR of +121.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average knitted shawl and scarf import price stood at $X per unit in 2022, declining by -16.1% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform